WELDER RANCH

Operated by EDGE PETROLEUM OPER. CO., INC. (P-5 243208) in the ONEIL (3270) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163612District 04Field 67346090CondensateGasSaveExport
Value, all time
$496 k
May 1997 – Jul 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1967-08-30
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-01-03.

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF. 3-1-89.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition112 bbl$2,322
GasProduction208,463 Mcf$493,609
Total$495,931

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.8990, -97.6716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89904, -97.67159 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,506 ft
1 wells filed one
Completion to plug
8.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 3,506 ft.

Completions filed
Jun 2001
1 of 1 wells
Plug dates filed
Jul 2009
1 of 1 wells

Last completion to plug: a median of 8.1 years across the 1 well that filed both dates, with the middle half between 8.1 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4093252320 T3,506 ftJun 2001Jul 2009Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (147)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

147 months

Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002020424.583.06$625
Jun 20020023.733.34$0
May 2002064524.663.58$2,312
Apr 2002076323.653.51$2,680
Mar 2002073622.003.10$2,284
Feb 2002022718.222.38$539
Jan 2002044217.172.38$1,050
Dec 20010016.932.36$0
Nov 20011018.072.41$18
Oct 200121,86219.782.53$4,748
Sep 2001195,04024.262.25$11,808
Aug 2001214,10824.873.05$13,065
Jul 200104,91423.933.20$15,710
Jun 200101,15624.563.82$4,421
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20011024.545.38$25
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20002026.889.12$54
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20004029.644.54$119
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19991978624.282.42$2,366
Nov 199905,96823.192.43$14,526
Oct 199907,96620.982.80$22,334
Sep 199904,08821.752.62$10,706
Aug 199902,84419.262.88$8,178
Jul 1999194,38417.892.37$10,740
Jun 199905,54915.942.36$13,107
May 199905,97215.792.32$13,861
Apr 199907,32815.102.21$16,181
Mar 1999196,15512.471.84$11,552
Feb 199905,6929.981.82$10,347
Jan 199906,89110.381.90$13,093
Dec 199856,8809.201.77$12,246
Nov 199806,48210.892.19$14,168
Oct 199807,31412.421.97$14,403
Sep 199806,96812.592.08$14,512
Aug 199806,07611.301.91$11,589
Jul 199805,73611.742.24$12,833
Jun 199805,68611.242.24$12,721
May 199805,64412.622.21$12,453
Apr 199805,56613.042.51$13,945
Mar 199806,89612.802.31$15,926
Feb 199806,10513.952.30$14,036
Jan 199806,43714.702.15$13,870
Dec 199707,17616.322.41$17,302
Nov 199704,77918.193.09$14,759
Oct 199703,83819.253.15$12,089
Sep 199708,03917.742.95$23,754
Aug 199707,63317.862.55$19,500
Jul 199709,40917.582.25$21,141
Jun 199708,07917.242.26$18,236
May 19970018.972.31$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.58 =         $0
Gas                  204 Mcf  × $  3.06 =       $625

────────────────────────────────────────────────────
Month total                                     $625

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/163612 is the state's own key, not one this site invented.